Macroprudential Policy: Implementation, Effects, And Lessons
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Douglas Kiarelly Godoy de Araujo & João Barata Ribeiro Blanco Barroso & Rodrigo Barbone Gonzalez, 2016. "Loan-To-Value Policy and Housing Loans: effects on constrained borrowers," Working Papers Series 445, Central Bank of Brazil, Research Department.
- Luigi Guiso & Michael Haliassos & Tullio Jappelli, 2003.
"Household stockholding in Europe: where do we stand and where do we go? [‘Limited market participation and volatility of assets prices’],"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(36), pages 123-170.
- Luigi Guiso & Michael Haliassos & Tullio Jappelli, 2002. "Household Stockholding in Europe: Where Do We Stand and Where Do We Go?," CSEF Working Papers 88, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Guiso, Luigi & Jappelli, Tullio & Haliassos, Michael, 2003. "Household Stockholding in Europe: Where Do We Stand, and Where Do We Go?," CEPR Discussion Papers 3694, C.E.P.R. Discussion Papers.
- Luigi Guiso & Michael Haliassos & Tullio Jappelli, 2002. "Household Stockholding in Europe: Where Do We Stand and Where Do We Go?," University of Cyprus Working Papers in Economics 0209, University of Cyprus Department of Economics.
- Mr. Gianni De Nicolo & Mr. Giovanni Favara & Mr. Lev Ratnovski, 2012. "Externalities and Macroprudential Policy," IMF Staff Discussion Notes 2012/005, International Monetary Fund.
- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009.
"Varieties of Crises and Their Dates,"
Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly,
Princeton University Press.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "This Time Is Different: Eight Centuries of Financial Folly," Economics Books, Princeton University Press, edition 1, volume 1, number 8973.
- Reinhart, Carmen, 2009. "The Second Great Contraction," MPRA Paper 21485, University Library of Munich, Germany.
- Giovanni Dell’ariccia & Deniz Igan & Luc Laeven, 2012.
"Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 367-384, March.
- Giovanni Dell’Ariccia & Deniz Igan & Luc Laeven, 2012. "Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(2‐3), pages 367-384, March.
- Mr. Giovanni Dell'Ariccia & Mr. Luc Laeven & Ms. Deniz O Igan, 2008. "Credit Booms and Lending Standards: Evidence From the Subprime Mortgage Market," IMF Working Papers 2008/106, International Monetary Fund.
- Dell'Ariccia, Giovanni & Laeven, Luc, 2008. "Credit Booms and Lending Standards: Evidence From The Subprime Mortgage Market," CEPR Discussion Papers 6683, C.E.P.R. Discussion Papers.
- Dell’Ariccia, G. & Igan, D. & Laeven, L., 2009. "Credit Booms and Lending Standards : Evidence from the Subprime Mortgage Market," Discussion Paper 2009-46 S, Tilburg University, Center for Economic Research.
- Dell’Ariccia, G. & Igan, D. & Laeven, L., 2009. "Credit Booms and Lending Standards : Evidence from the Subprime Mortgage Market," Other publications TiSEM 02d2a85a-26f4-4f3d-a892-1, Tilburg University, School of Economics and Management.
- Erlend Nier & Mr. Luis Ignacio Jácome & Jacek Osinski & Pamela Madrid, 2011. "Towards Effective Macroprudential Policy Frameworks: An Assessment of Stylized Institutional Models," IMF Working Papers 2011/250, International Monetary Fund.
- Gabriel Jiménez & Steven Ongena & José-Luis Peydró & Jesús Saurina, 2017.
"Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments,"
Journal of Political Economy, University of Chicago Press, vol. 125(6), pages 2126-2177.
- Jiménez, Gabriel & Ongena, Steven & Peydró, José-Luis & Saurina, Jesús, 2017. "Macroprudential policy, countercyclical bank capital buffers and credit supply: evidence from the spanish dynamic provisioning experiments," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 125(6), pages 2126-2177.
- Jiménez, G. & Ongena, S. & Peydro, J.L. & Saurina, J., 2012. "Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply : Evidence from the Spanish Dynamic Provisioning Experiments," Other publications TiSEM d7c251ef-f04d-43d2-a395-e, Tilburg University, School of Economics and Management.
- Jiménez, G. & Ongena, S. & Peydro, J.L. & Saurina, J., 2012. "Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply : Evidence from the Spanish Dynamic Provisioning Experiments," Other publications TiSEM ea797f30-d12c-4450-8352-9, Tilburg University, School of Economics and Management.
- Gabriel Jiménez & Steven Ongena & José-Luis Peydró & Jesús Saurina, 2012. "Macroprudential policy, countercyclical bank capital buffers and credit supply: Evidence from the Spanish dynamic provisioning experiments," Economics Working Papers 1315, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2015.
- Jiménez, G. & Ongena, S. & Peydro, J.L. & Saurina, J., 2012. "Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply : Evidence from the Spanish Dynamic Provisioning Experiments," Discussion Paper 2012-036, Tilburg University, Center for Economic Research.
- Gabriel Jiménez & Steven Ongena & José-Luis Peydró & Jesús Saurina, 2012. "Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments," Working Papers 628, Barcelona School of Economics.
- Gabriel Jiménez & Steven Ongena & José-Luis Peydró & Jesús Saurina, 2012. "Macroprudential policy, countercyclical bank capital buffers and credit supply: Evidence from the Spanish dynamic provisioning experiments," Working Paper Research 231, National Bank of Belgium.
- Erlend Nier & Mr. Luis Ignacio Jácome & Jacek Osinski & Pamela Madrid, 2011. "Institutional Models for Macroprudential Policy," IMF Staff Discussion Notes 2011/018, International Monetary Fund.
- Kelly, Robert & McCann, Fergal & O’Toole, Conor, 2018.
"Credit conditions, macroprudential policy and house prices,"
Journal of Housing Economics, Elsevier, vol. 41(C), pages 153-167.
- Kelly, Robert & McCann, Fergal & O'Toole, Conor, 2015. "Credit conditions, macroprudential policy and house prices," Research Technical Papers 06/RT/15, Central Bank of Ireland.
- Kelly, Robert & McCann, Fergal & O'Toole, Conor, 2017. "Credit conditions, macroprudential policy and house prices," ESRB Working Paper Series 36, European Systemic Risk Board.
- Kuttner, Kenneth N. & Shim, Ilhyock, 2016.
"Can non-interest rate policies stabilize housing markets? Evidence from a panel of 57 economies,"
Journal of Financial Stability, Elsevier, vol. 26(C), pages 31-44.
- Kenneth N. Kuttner & Ilhyock Shim, 2013. "Can Non-Interest Rate Policies Stabilize Housing Markets? Evidence from a Panel of 57 Economies," NBER Working Papers 19723, National Bureau of Economic Research, Inc.
- Kenneth N Kuttner & Ilhyock Shim, 2013. "Can non-interest rate policies stabilise housing markets? Evidence from a panel of 57 economies," BIS Working Papers 433, Bank for International Settlements.
- Ahnert, Toni & Forbes, Kristin & Friedrich, Christian & Reinhardt, Dennis, 2021.
"Macroprudential FX regulations: Shifting the snowbanks of FX vulnerability?,"
Journal of Financial Economics, Elsevier, vol. 140(1), pages 145-174.
- Ahnert, Toni & Forbes, Kristin & Friedrich, Christian & Reinhardt, Dennis, 2018. "Macroprudential FX regulations: shifting the snowbanks of FX vulnerability?," Bank of England working papers 758, Bank of England.
- Forbes, Kristin & Ahnert, Toni & Friedrich, Christian & Reinhardt, Dennis, 2018. "Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability?," CEPR Discussion Papers 12766, C.E.P.R. Discussion Papers.
- Toni Ahnert & Kristin Forbes & Christian Friedrich & Dennis Reinhardt, 2018. "Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability?," Staff Working Papers 18-55, Bank of Canada.
- Toni Ahnert & Kristin Forbes & Christian Friedrich & Dennis Reinhardt, 2018. "Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability?," NBER Working Papers 25083, National Bureau of Economic Research, Inc.
- Janko Cizel & Jon Frost & Aerdt Houben & Peter Wierts, 2019.
"Effective Macroprudential Policy: Cross‐Sector Substitution from Price and Quantity Measures,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(5), pages 1209-1235, August.
- Janko Cizel & Jon Frost & Peter Wierts & Aerdt G. F. J. Houben, 2016. "Effective Macroprudential Policy: Cross-Sector Substitution from Price and Quantity Measures," IMF Working Papers 2016/094, International Monetary Fund.
- Janko Cizel & Jon Frost & Aerdt Houben & Peter Wierts, 2016. "Effective macroprudential policy: Cross-sector substitution from price and quantity measures," DNB Working Papers 498, Netherlands Central Bank, Research Department.
- Stanley Fischer, 2014. "Macroprudential Policy in Action: Israel," MIT Press Book Chapters, in: What Have We Learned? Macroeconomic Policy After the Crisis, edition 1, volume 1, chapter 7, pages 87-98, The MIT Press.
- John V. Duca & John Muellbauer & Anthony Murphy, 2011.
"House Prices and Credit Constraints: Making Sense of the US Experience,"
Economic Journal, Royal Economic Society, vol. 121(552), pages 533-551, May.
- Duca, John V. & Muellbauer, John & Murphy, Anthony, 2011. "House prices and credit constraints: making sense of the U.S. experience," LSE Research Online Documents on Economics 58441, London School of Economics and Political Science, LSE Library.
- John V. Duca & John N. Muellbauer & Anthony Murphy, 2011. "House prices and credit constraints: making sense of the U.S. experience," Working Papers 1103, Federal Reserve Bank of Dallas.
- John V. Duca & John Muellbauer & Anthony Murphy, 2011. "House Prices and Credit Constraints: Making Sense of the U.S. Experience," SERC Discussion Papers 0077, Centre for Economic Performance, LSE.
- Muellbauer, John & Murphy, Anthony & Duca, John V, 2011. "House Prices and Credit Constraints: Making Sense of the US Experience," CEPR Discussion Papers 8360, C.E.P.R. Discussion Papers.
- Stefan Avdjiev & Cathérine Koch & Patrick McGuire & Goetz von Peter, 2017.
"International Prudential Policy Spillovers: A Global Perspective,"
International Journal of Central Banking, International Journal of Central Banking, vol. 13(2), pages 5-33, March.
- Stefan Avdjiev & Catherine Koch & Patrick McGuire & Goetz von Peter, 2016. "International prudential policy spillovers: a global perspective," BIS Working Papers 589, Bank for International Settlements.
- Cerutti, Eugenio & Claessens, Stijn & Laeven, Luc, 2017.
"The use and effectiveness of macroprudential policies: New evidence,"
Journal of Financial Stability, Elsevier, vol. 28(C), pages 203-224.
- Mr. Eugenio M Cerutti & Mr. Stijn Claessens & Mr. Luc Laeven, 2015. "The Use and Effectiveness of Macroprudential Policies: New Evidence," IMF Working Papers 2015/061, International Monetary Fund.
- Leonardo Gambacorta & Andrés Murcia, 2019.
"The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data,"
IFC Bulletins chapters, in: Bank for International Settlements (ed.), Are post-crisis statistical initiatives completed?, volume 49,
Bank for International Settlements.
- Leonardo Gambacorta & Andrés Murcia Pabón, 2017. "The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data," BIS Working Papers 636, Bank for International Settlements.
- Gambacorta, Leonardo & Murcia, Andres, 2017. "The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry," CEPR Discussion Papers 12027, C.E.P.R. Discussion Papers.
- Stephen G. Cecchetti & Marion Kohler, 2014.
"When Capital Adequacy and Interest Rate Policy Are Substitutes (And When They Are Not),"
International Journal of Central Banking, International Journal of Central Banking, vol. 10(3), pages 205-231, September.
- Stephen G Cecchetti & Marion Kohler, 2012. "When capital adequacy and interest rate policy are substitutes (and when they are not)," BIS Working Papers 379, Bank for International Settlements.
- Kim, Sooji & Plosser, Matthew C. & Santos, João A.C., 2018.
"Macroprudential policy and the revolving door of risk: Lessons from leveraged lending guidance,"
Journal of Financial Intermediation, Elsevier, vol. 34(C), pages 17-31.
- Sooji Kim & Matthew Plosser & João A. C. Santos, 2017. "Macroprudential policy and the revolving door of risk: lessons from leveraged lending guidance," Staff Reports 815, Federal Reserve Bank of New York.
- Zhang, Longmei & Zoli, Edda, 2016. "Leaning against the wind: Macroprudential policy in Asia," Journal of Asian Economics, Elsevier, vol. 42(C), pages 33-52.
- Raghuram G. Rajan, 2006. "Has Finance Made the World Riskier?," European Financial Management, European Financial Management Association, vol. 12(4), pages 499-533, September.
- Jeanne, O. & Korinek, A., 2014. "Macroprudential policy beyond banking regulation," Financial Stability Review, Banque de France, issue 18, pages 163-172, April.
- International Monetary Fund, 2012. "Credit Growth and the Effectiveness of Reserve Requirements and Other Macroprudential Instruments in Latin America," IMF Working Papers 2012/142, International Monetary Fund.
- Rafael Repullo & Javier Suarez, 2013.
"The Procyclical Effects of Bank Capital Regulation,"
The Review of Financial Studies, Society for Financial Studies, vol. 26(2), pages 452-490.
- Repullo, R. & Suarez, J., 2010. "The Procyclical Effects of Bank Capital Regulation," Other publications TiSEM 0b64ec97-95cc-45bf-b271-4, Tilburg University, School of Economics and Management.
- Rafael Repullo & Javier Suarez, 2012. "The Procyclical Effects of Bank Capital Regulation," Working Papers wp2012_1202, CEMFI.
- Repullo, R. & Suarez, J., 2010. "The Procyclical Effects of Bank Capital Regulation," Discussion Paper 2010-29S, Tilburg University, Center for Economic Research.
- Repullo, R. & Suarez, J., 2010. "The Procyclical Effects of Bank Capital Regulation," Other publications TiSEM c763eb06-7096-4075-a652-2, Tilburg University, School of Economics and Management.
- Repullo, Rafael & Suarez, Javier, 2012. "The Procyclical Effects of Bank Capital Regulation," CEPR Discussion Papers 8897, C.E.P.R. Discussion Papers.
- Mr. Ivo Krznar & Mr. James Morsink, 2014. "With Great Power Comes Great Responsibility: Macroprudential Tools at Work in Canada," IMF Working Papers 2014/083, International Monetary Fund.
- Claessens, Stijn & Ghosh, Swati R. & Mihet, Roxana, 2013.
"Macro-prudential policies to mitigate financial system vulnerabilities,"
Journal of International Money and Finance, Elsevier, vol. 39(C), pages 153-185.
- Mr. Stijn Claessens & Swart R. Ghosh & Miss Roxana Mihet, 2014. "Macro-Prudential Policies to Mitigate Financial System Vulnerabilities," IMF Working Papers 2014/155, International Monetary Fund.
- Crowe, Christopher & Dell’Ariccia, Giovanni & Igan, Deniz & Rabanal, Pau, 2013.
"How to deal with real estate booms: Lessons from country experiences,"
Journal of Financial Stability, Elsevier, vol. 9(3), pages 300-319.
- Mr. Pau Rabanal & Mr. Christopher W. Crowe & Mr. Giovanni Dell'Ariccia & Ms. Deniz O Igan, 2011. "How to Deal with Real Estate Booms: Lessons from Country Experiences," IMF Working Papers 2011/091, International Monetary Fund.
- Ms. Deniz O Igan & Mr. Prakash Loungani, 2012. "Global Housing Cycles," IMF Working Papers 2012/217, International Monetary Fund.
- International Monetary Fund, 2011. "Macroprudential Policy: What Instruments and How to Use them? Lessons From Country Experiences," IMF Working Papers 2011/238, International Monetary Fund.
- Jon Frost & Jakob de Haan & Neeltje van Horen, 2017.
"International Banking and Cross-Border Effects of Regulation: Lessons from the Netherlands,"
International Journal of Central Banking, International Journal of Central Banking, vol. 13(2), pages 293-313, March.
- Jon Frost & Jakob de Haan & Neeltje van Horen, 2016. "International Banking and Cross-Border Effects of Regulation: Lessons from the Netherlands," DNB Working Papers 520, Netherlands Central Bank, Research Department.
- Mr. Malhar S Nabar & Mr. Ashvin Ahuja, 2011. "Safeguarding Banks and Containing Property Booms: Cross-Country Evidenceon Macroprudential Policies and Lessons From Hong Kong SAR," IMF Working Papers 2011/284, International Monetary Fund.
- Philipp Hartmann, 2015.
"Real Estate Markets and Macroprudential Policy in Europe,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(S1), pages 69-80, March.
- Hartmann, Philipp, 2015. "Real estate markets and macroprudential policy in Europe," Working Paper Series 1796, European Central Bank.
- Stijn Claessens, 2015.
"An Overview of Macroprudential Policy Tools,"
Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 397-422, December.
- Mr. Stijn Claessens, 2014. "An Overview of Macroprudential Policy Tools," IMF Working Papers 2014/214, International Monetary Fund.
- Richard J. Herring & Susan Wachter, 1999. "Real Estate Booms and Banking Busts: An International Perspective," Center for Financial Institutions Working Papers 99-27, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Akinci, Ozge & Olmstead-Rumsey, Jane, 2018.
"How effective are macroprudential policies? An empirical investigation,"
Journal of Financial Intermediation, Elsevier, vol. 33(C), pages 33-57.
- Ozge Akinci & Jane Olmstead-Rumsey, 2015. "How Effective are Macroprudential Policies? An Empirical Investigation," International Finance Discussion Papers 1136, Board of Governors of the Federal Reserve System (U.S.).
- Enrique G. Mendoza, 2018.
"Macroprudential Policy: Promise and Challenges,"
Central Banking, Analysis, and Economic Policies Book Series, in: Enrique G. Mendoza & Ernesto Pastén & Diego Saravia (ed.),Monetary Policy and Global Spillovers: Mechanisms, Effects and Policy Measures, edition 1, volume 25, chapter 7, pages 225-277,
Central Bank of Chile.
- Enrique Mendoza, 2016. "Macroprudential Policy: Promise and Challenges," PIER Working Paper Archive 16-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 24 Oct 2016.
- Enrique G. Mendoza, 2016. "Macroprudential Policy: Promise and Challenges," NBER Working Papers 22868, National Bureau of Economic Research, Inc.
- Stijn Claessens, 2015. "Important Questions for Housing Markets and Housing Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(S1), pages 419-421, March.
- Markus K. Brunnermeier, 2009. "Deciphering the Liquidity and Credit Crunch 2007-2008," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 77-100, Winter.
- Eric Wong & Tom Fong & Ka-fai Li & Henry Choi, 2011. "Loan-to-Value Ratio as a Macro-Prudential Tool - Hong Kong's Experience and Cross-Country Evidence," Working Papers 1101, Hong Kong Monetary Authority.
- Gabriele Galati & Richhild Moessner, 2013.
"Macroprudential Policy – A Literature Review,"
Journal of Economic Surveys, Wiley Blackwell, vol. 27(5), pages 846-878, December.
- Gabriele Galati & Richhild Moessner, 2011. "Macroprudential policy - a literature review," BIS Working Papers 337, Bank for International Settlements.
- Ms. Deniz O Igan & Mr. Heedon Kang, 2011. "Do Loan-To-Value and Debt-To-Income Limits Work? Evidence From Korea," IMF Working Papers 2011/297, International Monetary Fund.
- Epure, Mircea & Mihai, Irina & Minoiu, Camelia & Peydró, José-Luis, 2018.
"Household Credit, Global Financial Cycle, and Macroprudential Policies: Credit Register Evidence from an Emerging Country,"
EconStor Preprints
216800, ZBW - Leibniz Information Centre for Economics.
- Mircea Epure & Irina Mihai & Ms. Camelia Minoiu & José-Luis Peydró, 2018. "Household Credit, Global Financial Cycle, and Macroprudential Policies: Credit Register Evidence from an Emerging Country," IMF Working Papers 2018/013, International Monetary Fund.
- Atif Mian & Amir Sufi, 2010. "Household Leverage and the Recession of 2007–09," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 58(1), pages 74-117, August.
- Borio, Claudio & Zhu, Haibin, 2012.
"Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism?,"
Journal of Financial Stability, Elsevier, vol. 8(4), pages 236-251.
- Claudio Borio & Haibin Zhu, 2008. "Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism?," BIS Working Papers 268, Bank for International Settlements.
- Nitzan Tzur-Ilan, 2018. "LTV Limits and Borrower Risk," Bank of Israel Working Papers 2018.12, Bank of Israel.
- Karl E. Case & Robert J. Shiller, 1990.
"Forecasting Prices and Excess Returns in the Housing Market,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(3), pages 253-273, September.
- Karl E. Case & Robert J. Shiller, 1990. "Forecasting Prices and Excess Returns in the Housing Market," NBER Working Papers 3368, National Bureau of Economic Research, Inc.
- Nadine Baudot-Trajtenberg, Nitzan Tzur-Ilan and Roi Frayberg, 2017. "Assessing the impact of macroprudential tools: the case of Israel," BIS Papers chapters, in: Bank for International Settlements (ed.), Macroprudential policy frameworks, implementation and relationships with other policies, volume 94, pages 107-218, Bank for International Settlements.
- Jérôme Vandenbussche & Ursula Vogel & Enrica Detragiache, 2015.
"Macroprudential Policies and Housing Prices: A New Database and Empirical Evidence for Central, Eastern, and Southeastern Europe,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(S1), pages 343-377, March.
- Mr. Jerome Vandenbussche & Ms. Ursula Vogel & Ms. Enrica Detragiache, 2012. "Macroprudential Policies and Housing Price: A New Database and Empirical Evidence for Central, Eastern, and Southeastern Europe," IMF Working Papers 2012/303, International Monetary Fund.
- Angeloni, Ignazio & Faia, Ester, 2013. "Capital regulation and monetary policy with fragile banks," Journal of Monetary Economics, Elsevier, vol. 60(3), pages 311-324.
- Heitor Almeida & Murillo Campello & Crocker Liu, 2006. "The Financial Accelerator: Evidence from International Housing Markets," Review of Finance, European Finance Association, vol. 10(3), pages 321-352, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bank for International Settlements, 2021. "Changing patterns of capital flows," CGFS Papers, Bank for International Settlements, number 66, december.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gabriele Galati & Richhild Moessner, 2018. "What Do We Know About the Effects of Macroprudential Policy?," Economica, London School of Economics and Political Science, vol. 85(340), pages 735-770, October.
- Ely, Regis Augusto & Tabak, Benjamin Miranda & Teixeira, Anderson Mutter, 2019. "Heterogeneous effects of the implementation of macroprudential policies on bank risk," MPRA Paper 94546, University Library of Munich, Germany.
- Ely, Regis A. & Tabak, Benjamin M. & Teixeira, Anderson M., 2021. "The transmission mechanisms of macroprudential policies on bank risk," Economic Modelling, Elsevier, vol. 94(C), pages 598-630.
- Lilit Popoyan, 2020. "Macroprudential Policy: a Blessing or a Curse?," Review of Economics and Institutions, Università di Perugia, vol. 11(1-2).
- Ms. Juliana Dutra Araujo & Manasa Patnam & Ms. Adina Popescu & Mr. Fabian Valencia & Weijia Yao, 2020. "Effects of Macroprudential Policy: Evidence from Over 6,000 Estimates," IMF Working Papers 2020/067, International Monetary Fund.
- Kumar, Sanjiv & Prabheesh, K.P. & Bashar, Omar, 2022. "Examining the effectiveness of macroprudential policy in India," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 91-113.
- Banti, Chiara & Phylaktis, Kate, 2019. "Global liquidity, house prices and policy responses," Journal of Financial Stability, Elsevier, vol. 43(C), pages 79-96.
- Carreras, Oriol & Davis, E. Philip & Piggott, Rebecca, 2018. "Assessing macroprudential tools in OECD countries within a cointegration framework," Journal of Financial Stability, Elsevier, vol. 37(C), pages 112-130.
- José García-Montalvo & Josep M. Raya, 2017. "Constraints on LTV as a Macroprudential Tool: A Precautionary Tale," Working Papers 1008, Barcelona School of Economics.
- Marcin Czaplicki, 2022. "Measuring the restrictiveness of (macro)prudential policy: the case of bank capital regulation in Poland," Journal of Banking Regulation, Palgrave Macmillan, vol. 23(3), pages 322-338, September.
- Zoe Venter, 2020. "The Interaction Between Macroprudential Policy and Financial Stability," Working Papers REM 2020/0123, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- José Garcia Montalvo & Josep M. Raya, 2017. "Constraints on LTV as a macroprudential tool: a precautionary tale," Economics Working Papers 1592, Department of Economics and Business, Universitat Pompeu Fabra.
- Fendoğlu, Salih, 2017.
"Credit cycles and capital flows: Effectiveness of the macroprudential policy framework in emerging market economies,"
Journal of Banking & Finance, Elsevier, vol. 79(C), pages 110-128.
- Salih Fendoglu, 2017. "Credit Cycles and Capital Flows : Effectiveness of the Macroprudential Policy Framework in Emerging Market Economies," Working Papers 1713, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Malovaná, Simona & Hodula, Martin & Gric, Zuzana & Bajzík, Josef, 2023.
"Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers,"
Journal of Financial Stability, Elsevier, vol. 65(C).
- Simona Malovana & Martin Hodula & Zuzana Gric & Josef Bajzik, 2021. "Macroprudential Policy in Central Banks: Integrated or Separate? Survey Among Academics and Central Bankers," Research and Policy Notes 2021/04, Czech National Bank.
- Kuttner, Kenneth N. & Shim, Ilhyock, 2016.
"Can non-interest rate policies stabilize housing markets? Evidence from a panel of 57 economies,"
Journal of Financial Stability, Elsevier, vol. 26(C), pages 31-44.
- Kenneth N. Kuttner & Ilhyock Shim, 2013. "Can Non-Interest Rate Policies Stabilize Housing Markets? Evidence from a Panel of 57 Economies," NBER Working Papers 19723, National Bureau of Economic Research, Inc.
- Kenneth N Kuttner & Ilhyock Shim, 2013. "Can non-interest rate policies stabilise housing markets? Evidence from a panel of 57 economies," BIS Working Papers 433, Bank for International Settlements.
- Janko Cizel & Jon Frost & Aerdt Houben & Peter Wierts, 2019.
"Effective Macroprudential Policy: Cross‐Sector Substitution from Price and Quantity Measures,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(5), pages 1209-1235, August.
- Janko Cizel & Jon Frost & Aerdt G. F. J. Houben & Peter Wierts, 2016. "Effective Macroprudential Policy: Cross-Sector Substitution from Price and Quantity Measures," IMF Working Papers 2016/094, International Monetary Fund.
- Belkhir, Mohamed & Naceur, Sami Ben & Candelon, Bertrand & Wijnandts, Jean-Charles, 2022.
"Macroprudential policies, economic growth and banking crises,"
Emerging Markets Review, Elsevier, vol. 53(C).
- Mohamed Belkhir & Sami Ben Naceur & Bertrand Candelon & Jean-Charles Wijnandts, 2020. "Macroprudential Policies, Economic Growth, and Banking Crises," IMF Working Papers 2020/065, International Monetary Fund.
- Belkhir, Mohamed & Ben Naceur, Sami & Candelon, Bertrand & Wijnandts, Jean-Charles, 2022. "Macroprudential policies, economic growth and banking crises," LIDAM Reprints LFIN 2022013, Université catholique de Louvain, Louvain Finance (LFIN).
- Belkhir, Mohamed & Ben Naceur, Sami & Candelon, Bertrand & Wijnandts, Jean-Charles, 2022. "Macroprudential Policies, Economic Growth and Banking Crises," LIDAM Discussion Papers LFIN 2022010, Université catholique de Louvain, Louvain Finance (LFIN).
- Meuleman, Elien & Vander Vennet, Rudi, 2020.
"Macroprudential policy and bank systemic risk,"
Journal of Financial Stability, Elsevier, vol. 47(C).
- Elien Meuleman & Rudi Vander Vennet, 2019. "Macroprudential Policy And Bank Systemic Risk," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/971, Ghent University, Faculty of Economics and Business Administration.
- Jose David GARCIA REVELO & Yannick LUCOTTE & Florian PRADINES-JOBET, 2019. "Macroprudential and Monetary Policies : The Need to Dance the Tango in Harmony," LEO Working Papers / DR LEO 2691, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Kristin J. Forbes, 2021.
"The International Aspects of Macroprudential Policy,"
Annual Review of Economics, Annual Reviews, vol. 13(1), pages 203-228, August.
- Kristin J. Forbes, 2020. "The International Aspects of Macroprudential Policy," NBER Working Papers 27698, National Bureau of Economic Research, Inc.
- Forbes, Kristin, 2020. "The International Aspects of Macroprudential Policy," CEPR Discussion Papers 15198, C.E.P.R. Discussion Papers.
More about this item
Keywords
macroprudential policy; financial regulation; monetary policy; central banks; housing market; ltv;All these keywords.
JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boi:isrerv:v:17:y:2019:i:1:p:39-71. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Yossi Yakhin (email available below). General contact details of provider: https://edirc.repec.org/data/boigvil.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.